Selbyville, Delaware, Nov. 10, 2020 (GLOBE NEWSWIRE) -- According to reliable sources, worldwide microcontroller market attained a valuation of USD 17.9 billion in 2019 and is projected to record strong CAGR through 2025. Surging demand for consumer electronics serves as a major growth propellant for the industry. In fact, proliferation of connected devices including smartphones, televisions, tablets, gaming consoles, home appliances, smart meters, and security solutions has bolstered the demand for IoT microcontroller units. Apart from this, rising integration of electronics in automotive and automation technologies in manufacturing sector is further accelerating global microcontroller industry expansion.
Proceeding further, in-depth segmentation studies inclusive of product terrain and application scope are highlighted in the research document. Moreover, it defines the various regional markets and identifies the top performing regions as well as the untapped areas that could further business expansion. Besides, the literature sheds light on the strategies undertaken by leading players to address the impact of Covid-19 and includes various tactics that could help businesses resolve the challenges in supply-demand chain.
Covid-19 impact overview:
The rapid spread of coronavirus across China, United States, Germany, and South Korea has negatively impacted global microcontroller market outlook as majority of the projects are delayed due to restricted site access and disruptions in the entire supply chain. Considering the overall market size, microcontroller industry in Asia-Pacific is likely to be the worst affected, as the effects of the Covid-19 pandemic can prominently be felt in India, China, and Japan.
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Industry segmentation:
Based on product type, global microcontroller market is categorized into 32-Bit, 16-Bit, and 8-Bit. Speaking of application spectrum, the industry is fragmented into consumer electronics, automotive, industrial, and others.
Regional outlook:
Americas (US, Canada, and Mexico), Europe (Italy, France, and Germany), and Asia Pacific (South Korea, India, China, and Japan) are the key contributors to global microcontroller market remuneration. Industry experts claim that Asia Pacific industry is likely to grow rapidly during the forecast period 2020-2025. Strong presence of several OEMs (original equipment manufacturers) and ODMs (original design manufactures) across various industry verticals such as healthcare, electronics, industrial, and automotive in the region is the major factor contributing to APAC market expansion.
Competitive dashboard:
Leading organizations are undertaking strategies such as mergers, collaborations & partnerships, and new product development to acquire a larger chunk of the industry share. Key players that govern the worldwide microcontroller industry dynamics are STMicroelectronics Inc., Maxim Integrated Products Inc., Infineon Technologies AG, Texas Instruments Inc., Silicon Laboratories Inc., ROHM Co. Ltd., ON Semiconductor Corp., NXP Semiconductors N.V., Renesas Electronics Corp., and Microchip Technology Inc.
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Global Microcontroller Market Product Type Sub-Segments [Value (USD Million), 2015-2025]
- 8-Bit
- 16-Bit
- 32-Bit
Global Microcontroller Market Application Sub-Segments [Value (USD Million), 2015-2025]
- Consumer Electronics
- Automotive
- Industrial
- Others
Global Microcontroller Market Regional Bifurcation [Value (USD Million), 2015-2025]
Americas
- United States
- Canada
- Mexico
Europe
- Italy
- France
- Germany
Asia Pacific
- South Korea
- China
- Japan
- India
Global Microcontroller Market Competitive Dashboard [Value (USD Million), 2015-2025]
- STMicroelectronics Inc.
- Maxim Integrated Products Inc.
- Infineon Technologies AG
- Texas Instruments Inc.
- Silicon Laboratories Inc.
- ROHM Co. Ltd.
- ON Semiconductor Corp.
- NXP Semiconductors N.V.
- Renesas Electronics Corp.
- Microchip Technology Inc.
Table of Content:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Microcontroller Market: Product Overview
4. Global Microcontroller Market: Sizing, Growth and Forecast
4.1 Market Size, By Value, Year 2015-2019
4.2 Market Size, By Value, Year 2020-2025
4.3 Market Size, By volume, Year 2015-2025
4.4 Impact of COVID-19 on Global Microcontroller Market
4.5 Global Economic & Industrial Outlook
5. Global Microcontroller Market Segmentation, By Product Type (Value)
5.1 Global Microcontroller Market: Segment Analysis
5.2 Competitive Scenario of Global Microcontroller Market: By Product Type (2019 & 2025)
5.3 By 8-BitA? Market Size and Forecast (2015-2025)
5.4 By 16-Bit Market Size and Forecast (2015-2025)
5.5 By 32-Bit Market Size and Forecast (2015-2025)
6. Global Microcontroller Market Segmentation, By Application (Value)
6.1 Global Microcontroller Market: Segment Analysis
6.2 Competitive Scenario of Global Microcontroller Market: By Application (2019 & 2025)
6.3 By AutomotiveA? Market Size and Forecast (2015-2025)
6.4 By IndustrialA? Market Size and Forecast (2015-2025)
6.5 By Consumer ElectronicsA? Market Size and Forecast (2015-2025)
7. Global Microcontroller Market: Regional Analysis
7.1 Competitive Scenario of Global Microcontroller Market: By Region (2019 & 2025)
8. Americas Microcontroller Market: An Analysis
8.1 Americas Microcontroller Market (Value, Volume): Size and Forecast (2015-2025)
8.2 Americas Economic and industrial Statistics
8.3 Americas Microcontroller MarketA? Prominent Companies
8.4 Market Segmentation By Product type (8-Bit, 16-Bit and 32-Bit)
8.5 Market Segmentation By Application (Automotive, Industrial, Consumer Electronics and Others)
9. Europe Microcontroller Market: An Analysis
9.1 Europe Microcontroller Market (Value, Volume): Size and Forecast (2015-2025)
9.2 Europe Economic and industrial Statistics
9.3 Europe Microcontroller MarketA? Prominent Companies
9.4 Market Segmentation By Product type (8-Bit, 16-Bit and 32-Bit)
9.5 Market Segmentation By Application (Automotive, Industrial, Consumer Electronics and Others)
10. Asia Pacific Microcontroller Market: An Analysis
10.1 APAC Microcontroller Market (Value, Volume): Size and Forecast (2015-2025)
10.2 APAC Economic and industrial Statistics
10.3 APAC Microcontroller MarketA? Prominent Companies
10.4 Market Segmentation By Product type (8-Bit, 16-Bit and 32-Bit)
11. Global Microcontroller Market Dynamics
11.1 Global Microcontroller Market Drivers
11.2 Global Microcontroller Market Restraints
11.3 Global Microcontroller Market Trends
12. Market Attractiveness
12.1 Market Attractiveness
12.1 Market Attractiveness Chart of Global Microcontroller Market - By Product Type (Year 2025)
12.2 Market Attractiveness Chart of Global Microcontroller Market A? By Application (Year 2025)
13. Competitive Landscape
Related Report:
Semiconductor Manufacturing Equipment Market, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026
Semiconductor Manufacturing Equipment Market size is poised to grow at a CAGR of 6% to 2026, as per new research report. The rising trend toward vehicle electrification and increasing adoption of electric and hybrid vehicles around the globe will create the market opportunities for semiconductor manufacturing equipment providers. According to IEA (International Energy Agency), in 2019, the electric vehicles accounted for 2.6% of the global car sales and around 1% of the global car stock, which will be accelerated by 40% per year. This will increase the requirement for microcontrollers, high power modules, discrete components, and other power semiconductors, accelerating the market growth.
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